Tech Stocks Rally as AI Chip Demand Surges
The Indian stock markets ended in a marvellous style on the closing day of the week with the Sensex and the Nifty gaining unprecedented heights. The BSE Sensex climbed more than 1,300 points and rose to 84,500+ while Nifty reached 25,800+ level for the first time ever. This marked improvement was, however, driven by the […]
Indian Stock Markets Soar to Record Highs Amid Global Optimism
The Indian stock markets ended in a marvellous style on the closing day of the week with the Sensex and the Nifty gaining unprecedented heights. The BSE Sensex climbed more than 1,300 points and rose to 84,500+ while Nifty reached 25,800+ level for the first time ever. This marked improvement was, however, driven by the […]
Petrochemical Stocks Under Pressure as Oil Prices Fall
Indian oil marketing companies’ stocks rose on Wednesday as a result of the fall in the global crude oil prices while petrochemical stocks came under selling pressure on margin squeeze fear. The OMC stocks were up with Indian Oil Corporation up by 3-5 percent, BPCL and HPCL were also up by 3-5 percent. The optimism […]
Nifty Hits New All-Time High Before Retreating as Investors Eye Fed Decision
The Indian stock market had a highly unpredictable session on Wednesday as Nifty 50 index rose to a new record high and then lost those gains as investors are waiting for the outcome of the U. S. Federal Reserve policy meeting. The Nifty rose to a record level of 25,482 points in early trade but […]
Global Markets Rally as Tech Stocks Surge and Inflation Concerns Ease
World equity markets advanced on Thursday with major benchmarks closing at record highs boosted by information technology shares and calming inflation fears. S&P 500 and Nasdaq Composite both rose to record highs due to the good show by technology shares and upbeat economic indicators. The S&P 500 was up 1% in the United States. 2% […]
NFT Market Rebounds as Blue-Chip Collections See Renewed Interest
NFT market is currently showing signs of a strong recovery with many blue-chip collections experiencing a rise in trading volume and floor prices. This renewed interest in digital collectibles comes after a period of relative stagnation, which opens up new questions about the future of NFTs as both art and investments. At the forefront of […]
Layer 2 Solutions See Surge in Activity as Ethereum Gas Fees Rise
The usage and adoption of Ethereum’s Layer 2 scaling solutions are currently on the rise as gas fees on the Ethereum mainnet continue to soar. This has been due to the fact that more and more users and developers are in search of better and cheaper ways of carrying out transactions and smart contract interactions […]
New highs for Decentralized Finance (DeFi) Tokens
The DeFi sector is currently seeing a major resurgence, with a number of leading DeFi tokens having outperformed the broader cryptocurrency market in the last few days. This has resulted in an increase in the total value locked (TVL) across various DeFi protocols and platforms, which have hit new all-time highs and reflect investors’ renewed […]
Investing in Bitcoin Surges Past $60,000
Today the cryptocurrency market has achieved a major milestone as the leading digital currency by market capitalization, Bitcoin, broke past the $60,000 mark for the first time since November of last year. This exciting rally has once again stirred interest among investors and traders and many of them are predicting that this cryptocurrency may be […]